World’s No. 2 Cocoa Producer Set for Biggest Crop in a Decade

  • Ghana output nears 1 million tons, with months left to harvest
  • Good weather and government measures helped boost output

   

Photographer: Jose Cendon/Bloomberg

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Ghana, the world’s no. 2 cocoa grower, is headed for its biggest harvest in at least a decade after good weather and government interventions helped boost its output, according to two people familiar with the matter.

Favorable conditionsBloomberg Terminal, improved farmer prices and better farming practices, such as hand pollination and pruning, raised production to 965,493 tons by June 3, when the main-crop harvest endedBloomberg Terminal, said the people who asked not to be named because the information isn’t public.